Learn more about how this acquisition is creating a new digital mortgage technology era for Banks, Credit Unions, and Mortgage Lenders.
JP Kelly sat down with Peter Benjamin at an ACUMA Fast Track to unpack MeridianLink’s recent initiatives to assist Credit Unions. Here is a transcript of what he had to say. Peter Benjamin from ACUMA (PB): Congratulations on the acquisition of OpenClose, a company you founded over 20 years ago. How has the transition been …
Attend in person at the Disneyland® Resort in Anaheim, California, May 8-11, 2023 The 2023 MeridianLink LIVE! User Forum is coming soon, and because OpenClose™ is now a MeridianLink® company, OpenClose leaders will play a significant role in the event and OpenClose customers will gain access to sessions and information like you never have before! …
The User Conference OpenClose Customers Have Wanted: MeridianLink LIVE! Read More »
The recent announcement from the Federal Reserve that they raised The Fed Fund Rate by 25 basis points has been part of what refueled borrowers’ interest in adjustable-rate mortgages (ARMs), along with the rising mortgage rate environment. The volume of ARM mortgage applications increased for the third straight week last week, according to the Mortgage …
Is an Adjustable-rate Mortgage the Cure for Today’s Homebuyer Blues? Read More »
A lot of things are different in 2023, including the traditionally hot housing markets. Los Angeles, New York and San Francisco are no longer atop the “hottest housing markets” list. According to recent data from Realtor.com, the hottest markets have shifted into a whole new category – suburbia. Suburban communities are leading with home sales …
Hottest US Housing Markets Shift from Traditional to Surprising Read More »
How will this ninth increase in the rate since March 2020 impact the housing market? Here’s what experts say! March is the official beginning of Spring in the United States, but you wouldn’t know it by the record snow falling across the country this month. Also, March is expected to be the start of the …
Are we seeing the start of a market rebound, and if yes, how long may the recovery take or are we just being too optimistic as interest rates rise again? Experts weigh in. The National Association of Realtors (NAR) just released data on pending home sales, and the results were not all that bad – …
Latest Data on Pending Home Sales Reveals Glimmer of Hope Read More »
Consumers with high credit card debt today could become borrowers with a distinct buying disadvantage tomorrow. The total amount of credit card debt for American consumers is approaching $1 trillion. Wow, that is a big number! Since the pandemic has seemingly become endemic, there has been a surge in credit card debt in this country. …
Will Consumer Credit Card Debt Impact Mortgage Buying Power? Read More »
Good news about inflation and a strong jobs report is being read by some as bad news that the Federal Reserve could add another interest rate hike or more significant increase next meeting The consumer-price index (CPI) cooled slightly in January, yet, in the rate announced on February 13 there was still a YoY increase …
January Inflation Cools; Eyes Turn to Fed’s Next Meeting Read More »
As these costs rise, home purchasing power declines. What impact will these costs have on homebuyers? More Americans are struggling to pay off medical debt, recent studies show, and for many households, this may impact the bottom line when it comes to budgeting for the rest of life’s expense, including housing. To add context, in …
Do home sales appear more stable than they really are? Home sale concessions are a powerful tool in the arsenal of the home seller. This tactic is frequently used during a “buyers’ market.” More recently, many home sale transactions have started to include “goodies” offered by the seller to sweeten the deal for the homebuyer. …
Are Home Seller Concessions Artificially Boosting Home Prices? Read More »